SOCHI, October 2. /TASS/. Russia is still capable of switching to diversified economy, Chief Executive Officer of Russia’s top lender Sberbank Herman Gref said at the International Investment Forum Sochi-2015 on Friday.

"Today we’re still capable of switching to a modern and diversified state of economy without serious losses. We have all resources just everyone has to bend every effort to avoid the need for Russia to face the choice of giving away its shirt off back," Gref said.